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The closing price of Extreme Networks Inc (NASDAQ: EXTR) was $13.13 for the day, down -0.76% from the previous closing price of $13.23. In other words, the price has decreased by -$0.76 from its previous closing price. On the day, 1.31 million shares were traded. EXTR stock price reached its highest trading level at $13.36 during the session, while it also had its lowest trading level at $12.885.
Ratios:
Our analysis of EXTR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 0.93. In the meantime, Its Debt-to-Equity ratio is 4.52 whereas as Long-Term Debt/Eq ratio is at 4.08.
On May 02, 2024, Rosenblatt Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $15 to $17.
B. Riley Securities Upgraded its Neutral to Buy on April 15, 2024, while the target price for the stock was maintained at $14.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 03 ’25 when MEYERCORD EDWARD sold 35,725 shares for $15.06 per share. The transaction valued at 538,054 led to the insider holds 1,510,719 shares of the business.
EDWARD MEYERCORD bought 107,175 shares of EXTR for $1,655,854 on Mar 03 ’25. On Feb 03 ’25, another insider, MEYERCORD EDWARD, who serves as the PRESIDENT AND CEO of the company, sold 35,725 shares for $15.39 each. As a result, the insider received 549,897 and left with 1,478,941 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EXTR now has a Market Capitalization of 1743073152 and an Enterprise Value of 1804360192. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.72 while its Price-to-Book (P/B) ratio in mrq is 34.01. Its current Enterprise Value per Revenue stands at 1.776 whereas that against EBITDA is -32.409.
Stock Price History:
The Beta on a monthly basis for EXTR is 1.57, which has changed by 0.15479326 over the last 52 weeks, in comparison to a change of 0.08089435 over the same period for the S&P500. Over the past 52 weeks, EXTR has reached a high of $19.24, while it has fallen to a 52-week low of $10.49. The 50-Day Moving Average of the stock is -14.19%, while the 200-Day Moving Average is calculated to be -13.46%.
Shares Statistics:
EXTR traded an average of 1.08M shares per day over the past three months and 1268170 shares per day over the past ten days. A total of 132.65M shares are outstanding, with a floating share count of 128.82M. Insiders hold about 2.97% of the company’s shares, while institutions hold 90.87% stake in the company. Shares short for EXTR as of 1741910400 were 5795551 with a Short Ratio of 5.36, compared to 1739491200 on 4814370. Therefore, it implies a Short% of Shares Outstanding of 5795551 and a Short% of Float of 5.239999699999999.
